Contract Language-based Guidance Rule
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A Contract Language-based Guidance Rule is a contract language-based rule (of contract language) that is a contract review rule (for the contract review process).
- Context:
- It can take the form of
IF <contract language-based review rule trigger> THEN <contract review-related action. - It can range from being being a Addition-Focused Contract Language-based Review Rule, to being a Deletion-Focused Contract Language-based Review Rule to being a Modification-based Contract Language-based Review Rule.
- It can reference Contract Model-Language (for the action).
- …
- It can take the form of
- Example(s):
- a General Contract Contents-based Policy Rule, such as:
- a Contract Concept Clarification Rules: Explanations of complex legal terms and principles, such as:
- Rule:
IF contract contains complex legal jargon THEN refer to contract concept clarification.
- Rule:
- a Contract Confidentiality Rules: Standards for managing and safeguarding confidential or proprietary information in a contract, such as:
- Rule:
IF contract contains sensitive information THEN abide by contract confidentiality standards.
- Rule:
- a Contract Force Majeure Guidelines: Recommendations on how to classify, address, and manage unforeseen events impacting contract performance, such as:
- Rule:
IF unexpected events impact the contract THEN consult contract force majeure guidelines.
- Rule:
- a Contract Intellectual Property Rights Rules: Directives about the handling, assignment, and protection of intellectual property within contracts, such as:
- Rule:
IF contract involves intellectual property THEN follow contract intellectual property rights directives.
- Rule:
- a Contract Liability Limitation Rules: Regulations that define the boundaries of responsibilities and potential liabilities for parties involved, such as:
- Rule:
IF contract defines responsibilities and liabilities THEN observe contract liability limitation regulations.
- Rule:
- a Contract Model-Language Rules: Example text to propose or respond with during negotiations, such as:
- Rule:
IF contract requires specific wording THEN use contract model language.
- Rule:
- a Contract Payment and Penalty Guidelines: Protocols defining the financial terms, schedules, and repercussions of non-compliance, such as:
- Rule:
IF contract sets financial terms or penalties THEN adhere to contract payment and penalty guidelines.
- Rule:
- a Contract Regulatory Compliance Guidelines: Directions ensuring that contracts adhere to applicable legal and industry standards, such as:
- Rule:
IF contract must comply with regulations THEN follow contract regulatory compliance guidelines.
- Rule:
- a Contract Renewal Guidelines: Criteria for assessing the conditions under which a contract may be renewed or extended, such as:
- Rule:
IF contract is up for renewal or extension THEN evaluate using contract renewal criteria.
- Rule:
- a Contract Subcontracting Rules: Directives on when and how primary contract responsibilities can be delegated or outsourced, such as:
- Rule:
IF contract allows for delegation of duties THEN rely on contract subcontracting directives.
- Rule:
- a Contract Term Verification Guidelines: Principles that instruct how to set, verify, and interpret contract durations, renewals, and terminations, such as:
- Rule:
IF contract terms need verification or interpretation THEN use contract term verification guidelines.
- Rule:
- …
- a Contract Drafting Rules: Standards that guide the initial creation of contracts to ensure clarity and legal soundness.
IF crafting a new contract THEN adhere to contract drafting standards.
- …
- a Contract Concept Clarification Rules: Explanations of complex legal terms and principles, such as:
- a Contract Type-Specific Contract Contents-based Policy Rule, such as:
- A Service Agreement Contract Contents Policy Rule, such as:
- Rule: SLAs must specify a guaranteed minimum uptime percentage for any software platforms, and define service credits or remedies for failing to meet uptime requirements.
- Rule: SLAs must provide guaranteed response times based on support request priority levels (e.g. Priority 1 - 2 hours, Priority 2 - 8 hours, etc.) and specify availability for support (e.g. 24/7).
- A License Agreement Contents-based Policy Rule, such as:
- Rule: License Grant Clauses must include key terms such as exclusivity, duration, territory, and scope, as well as language clarifying the grant is subject to the agreement's terms and conditions.
- Rule: License Agreements must restrict the granted license to the licensee's internal business purposes only.
- Rule: License Agreements must limit authorized usage environments (e.g. owned computers, number of users).
- …
- A Lease Agreement Contents-based Policy Rule, such as:
- Rule: Lease Agreements must include the leased property's location and leased property's square footage.
- Rule: Lease Agreements must include the lease term duration.
- Rule: Lease Agreements must include the lease commencement date.
- …
- A Venue Rental Agreement Contents-based Policy Rule, such as:
- Rule: ...
- A Service Agreement Contract Contents Policy Rule, such as:
- …
- a General Contract Contents-based Policy Rule, such as:
- Counter-Example(s):
- See: Contract Content Test, Contract Management System.